CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has become the first Indian firm to post earnings call on metaverse?
A
Infosys Technologies
B
Hindustan Unilever Limited
C
Reliance Industries Limited
D
Tata Advanced Systems
Explanation: 

Detailed explanation-1: -Reliance Industries Limited (RIL) posted the proceedings of its second quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.

Detailed explanation-2: -Reliance Industries Limited (RIL) posted the proceedings of its Q2 FY 2022-23 earnings call on the metaverse. This is the first time in the history of corporate India that a company has used metaverse to engage with its stakeholders.

Detailed explanation-3: -Mukesh Ambani-led RIL’s net profit surged from Rs 3,280 crore in FY2001-02 to Rs 67,845 crore in FY2021-22. Chairman and Managing Director of the textile-to-telecom conglomerate Reliance Industries, Mukesh Ambani has completed 20 years at the helm.

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